Selected for the Terner Labs Housing Venture Lab

700 Hines Avenue, Waco, TX 76706

Active
Listed 154 days ago
Owner-Occupant Eligible
$525,000

About $1,008 a month to live here, after the rent from the other homes.

Triplex2,612 sqft3 beds4 bathsListed Jun 11, 2026

A triplex. Live in one home and rent out the other two. How it works

Live here for about

$1,008a month

The other homes rent for $3,170. We hold back $476 of that for repairs and an empty month, and the rest goes toward a $3,702 monthly payment.

Income to qualify: about $75,000 a year

With how much down?

At 20% down ($105,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Get rich slow: keep this loan ten years and the payments pay off about $69,000 of it. See the ten-year math

See which homes fit your numbers
How we work this out

The cost to live here is the loan payment, taxes, insurance and any dues, less the rent, with a little held back for repairs and an empty month. Income to qualify uses a 43% debt-to-income limit, counts 75% of the rent, and none of your other debts.

$26,250 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Modern, low-maintenance multi family opportunity with three move-in ready units : a 2021-built cottage and a duplex, all offering strong appeal for both investors and owner-occupants. The modern 2-story cottage is a 1 bedroom plus versatile flex space and 1.5 baths, highlighted by an open main level with a living and dining area, recessed lighting, and durable wood-look flooring. The galley kitchen includes white shaker cabinets, solid-surface counters, gas range, built-in microwave, dishwasher, refrigerator, and nearby stacked washer dryer, with all appliances conveying. Upstairs, a private bedroom with walk-in closet and full bath with extended vanity and step-in shower, not to forget a flex room ideal for an office, media space, or guest area. Exterior features include a covered front entry, fenced yard, and ample paved parking, making this home an attractive option for a live-in owner or rental. The duplex offers two spacious 1 bedroom, 1 bath units designed for easy upkeep and consistent rental demand. Unit A provides a bright, open layout with a large living area, stained concrete floors, neutral paint, recessed lighting, and ceiling fan, plus a well-appointed kitchen with painted shaker cabinetry, solid-surface counters, and stainless steel appliances. The bedroom delivers excellent natural light and closet storage, while the oversized bath offers an extended vanity, ample cabinetry, tub & shower combination, and in-unit washer & dryer. Unit B mirrors the modern feel with an open living and dining space, durable wood-look flooring, painted shaker cabinets, solid-surface counters, full appliance package, generous bedroom, large bath with extra storage and laundry machines as well. Off-street parking and low-maintenance finishes across all three dwellings is an appealing setup for investors seeking immediate income, or buyers wishing to occupy one unit and lease the others to help offset housing costs. Make this amazing opportunity in the Baylor bubble yours!

Triplex

Property Type

7,013 sqft

Lot Size

2021

Year Built

Listing Date: 06/11/2026

Listed by: Garrett Alders

Listing office: Coldwell Banker Apex, REALTORS

Source: NTREIS #21298961

Series Homes is committed to full compliance with the Fair Housing Act and the Equal Credit Opportunity Act.

CHOOSE YOUR UNIT

Tap the one you would live in. The rest pay rent, and that rent comes off your monthly cost.

If someone lives in the unit you want, or a lease comes with the home, ask how moving in works on this one.

CHECK OUR MATHEvery line of the monthly cost is in here. Change the price or the down payment and watch it move.

OFFER PRICE

Change your offer and watch the monthly cost move.

Purchase Price

-15%
$525,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$525,000
Your Down Payment$105,000
Financed$420,000
Estimated Monthly Payment$3,702

Before rent: principal and interest at 6.0% on a 30-year fixed loan, taxes, insurance and any HOA dues. Your rate and down payment change this.

MONTHLY BREAKDOWN

Estimate at 20% down ($105,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$3,702/month
Principal + Interest
$2,518
Property Taxes
$824
Home Insurance
$360
Rental Income (2 Units)
$3,170/month

From the listing description.

Rental Expenses
-$476
Cost to live here
$1,008/month

Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.

BEFORE YOU OFFER

Now run it on your paycheck.

This page is priced at one down payment and one rate. Send the address and we run it at yours: what you would pay each month after rent, and which loan works on this home.

Free. No credit pull.

NTREIS logo

MLS# 21298961 · Listing office: Coldwell Banker Apex, REALTORS

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.